Binance’s CZ clarifies position after ‘incorrect reports’ on WazirX ‘acquisition’

By AMB Crypto - 1 year ago - Reading Time: 1 minutes

Binance’s CZ clarifies position after ‘incorrect reports’ on WazirX ‘acquisition’

Binance CEO Changpeng Zhao has claimed that the company “does not own any equity” in Zanmai Labs, the parent company of Indian crypto-exchange WazirX. This, a day after India’s Enforcement Directorate (ED) froze WazirX’s bank balances worth $8 million earlier. According to a statement, ED has been investigating WazirX since last year for its alleged […]

Original source: AMB Crypto